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Press Release

Apex for Youth Establishes Norman C.T. Liu Apex Scholarship Fund to Help Asian and Immigrant Students Attend College

April 14, 2016

NEW YORK - April 14, 2016 - Apex for Youth, Inc. today announced the establishment of the Norman C.T. Liu Apex Scholarship Fund at its annual Inspiration Awards Gala.

Founded in 1992, Apex for Youth is a not-for-profit organization based in New York City that offers educational and mentorship programs to underserved Asian and immigrant youth in grades 1 through 12.  Ten scholarships will be awarded annually for the next five years to help selected high school students attend a college or university.

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Press Release

GE Capital Files Request for Rescission of Status as a Systemically Important Financial Institution

March 31, 2016
  • Major transformation of GE Capital to smaller, more focused firm
  • GE Capital believes it does not pose any threat to financial system

FAIRFIELD, Conn.

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Press Release

GE And State Street Corporation Announce Agreement For State Street To Acquire GE Asset Management For Up To $485 Million

March 30, 2016
  • Brings GE Asset Management (GEAM) active management, alternatives and OCIO (Outsourced Chief Investment Officer) capabilities to State Street Global Advisors (SSGA), a premier industry firm with scale and $2.3 trillion in assets under management globally
  • SSGA to manage assets of the GE pension plan currently managed by GEAM and assume responsibility for management of GEAM’s other client assets, subject to client consents
  • An independent fiduciary has reviewed the transaction and approved SSGA’s engagement to manage the assets related to the GE pension plan currently mana
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Press Release

GE Capital Aviation Services Delivers First of Six New Leased Boeing 737-800s to Air India Express

March 29, 2016

SHANNON, Ireland - March 29, 2016 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new leased Boeing 737-800 aircraft to new customer Air India Express to expand the carrier’s fleet. Five more new 737-800 aircraft are scheduled for delivery to the airline later this year.  All are part of GECAS’ existing order book with Boeing.

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Press Release

GE Capital Aviation Services Delivers New Boeing 737-800 to Okay Airways

March 23, 2016

SHANNON, Ireland - March 23, 2016 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of a new leased Boeing 737-800 aircraft to Chinese airline Okay Airways to expand the carrier’s fleet.

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Press Release

Factoring und M&A - die perfekte Verbindung

March 22, 2016

Mehr Cash für Targets ohne mehr Leverage - und zwar schnell: Factoring bietet bei M&A-Transaktionen klare Vorteile und sollte deshalb künftig eine deutlich größere Rolle spielen. Die Gründe erläuterte Jörg Diewald, Chief Commercial Officer bei GE Capital in Deutschland, im Rahmen des German M&A and Private Equity Forums 2016 in Düsseldorf (16. - 17. März 2016).

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Press Release

GE Capital Aviation Services Delivers Three New Airbus A320s to New Customer Qingdao Airlines

March 04, 2016

SHANNON, Ireland - March 4, 2016 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced delivery of three new leased Airbus A320 aircraft to new customer Qingdao Airlines Co., Ltd. to expand the start-up carrier’s fleet.The aircraft are part of GECAS’ existing order book with Airbus.

 

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Press Release

The ISTAT Foundation Establishes Norman C.T. Liu Asia Scholarship Fund

March 01, 2016

PHOENIX, AZ - March 1, 2016 - The ISTAT Foundation announced the establishment of the Norman C.T. Liu Asia Scholarship Fund at the ISTAT Americas event today in Phoenix. The fund will provide significant financial support to Asian students at universities located in Asia who have an interest in aviation and are studying business, engineering, finance, aviation management or related aviation subjects.

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Press Release

GE Completes Sale of Commercial Lending and Leasing Businesses in North America to Wells Fargo

March 01, 2016
  • Closing Represents $26 Billion of Ending Net Investment
  • GE Capital Dispositions Signed Total $157 Billion; Closings Total $136 Billion
  • GE Capital On Track to Apply for SIFI De-Designation

FAIRFIELD, Conn. - March 1, 2016 - GE (NYSE: GE) has completed the previously announced sale of the majority of its North American commercial lending and leasing businesses to Wells Fargo & Co. (NYSE: WFC).

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Press Release

GECAS' Cargo Aircraft Group Expands 737-800NG Passenger-to-Freighter Conversion Program with Boeing

February 24, 2016

NORWALK, CONN - February 24, 2016 - GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of GE, today announced an expansion of its 737-800 passenger-to-freighter conversion program with Boeing. Boeing will perform the conversions on five GECAS 737-800 aircraft to freighters with the first aircraft scheduled for completion in the fourth quarter of 2017.

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